UTI▲
Universal Technical Institute Enters New $200 Million Credit Agreement
Universal Technical Institute has entered a new US$200 million senior secured revolving credit agreement that refinances its prior facility and extends borrowing capacity through August 2031. The new credit facility and a recent Dallas campus expansion come as the company's share price has fallen 35.9% over the past month, though its five-year total shareholder return is up 248.14%. The most followed valuation narrative pegs fair value at $42.50, well above the last close of $24.30, implying the stock is 42.8% undervalued. Growth restrictions on Concorde Career Colleges have been lifted, allowing for accelerated program launches and multiple new campuses a year ahead of plan, positioning the company for faster-than-anticipated revenue growth starting as early as 2026. However, the current P/E of 39x is far above the US Consumer Services industry at 13.4x and the peer average at 17.4x, leaving less room if growth or margins wobble.
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Universal Technical Institute cuts fiscal 2026 revenue outlook to $893M-$900M
Universal Technical Institute lowered its fiscal 2026 revenue guidance to between $893 million and $900 million, citing weaker-than-expected fourth-quarter high school starts in its UTI division and a faster mix shift toward shorter skilled trades programs. CEO Jerome Grant said the company is adding about 20% more admissions staff dedicated to the high school channel and has largely completed that hiring, positioning it for fiscal 2027. The company now expects baseline adjusted EBITDA to exceed $135 million, while reported adjusted EBITDA will be between $100 million and $103 million due to roughly $35 million in growth investments. Net income is forecast at $32 million to $36 million, with diluted earnings per share of $0.57 to $0.64, and new student starts are projected between 31,900 and 32,300. The prior outlook had called for revenue of $905 million to $915 million, baseline adjusted EBITDA above $150 million, and reported adjusted EBITDA of $114 million to $119 million.
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Praetorian Capital Bullish on Universal Technical Institute in Q2 2026 Letter
Praetorian Capital highlighted Universal Technical Institute as a key holding in its second-quarter 2026 investor letter. The fund noted that UTI and Lincoln Educational Services are the two largest technical colleges in the U.S., poised to benefit as AI reduces demand for office workers and millions seek reskilling in skilled trades and healthcare. Praetorian expects both companies to open new campuses, grow student counts, and deliver substantial margin expansion on fixed-cost structures, with management guidance suggesting cheap valuations looking out a few years. Universal Technical Institute closed at $40.31 per share on July 17, 2026, with a market capitalization of $2.25 billion and a 25.17% gain over the past 52 weeks.
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UTI▲
Monica Jeffs Named Campus President for Concorde Career Colleges' New Houston Campus
Concorde Career Colleges has appointed Monica Jeffs as Campus President for its new Houston campus. Jeffs brings more than 25 years of higher education leadership experience, most recently serving as Campus President of the College of Healthcare Professions in Austin. The Houston campus will occupy 45,000 square feet at 3100 Hayes Road in Westchase Commons, serving up to 700 students in nursing, dental, diagnostic, patient care, and allied health programs, with an opening scheduled for 2027 pending regulatory approvals. The campus is part of Universal Technical Institute's North Star strategy to address the skilled worker shortage, marking the fourth Concorde location in Texas.
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UTI▼
Universal Technical Institute CEO Jerome Grant Sold $3.9 Million in Shares
Universal Technical Institute CEO Jerome Grant sold 94,500 shares on June 29, 2026, for approximately $3.91 million at a weighted average price of $41.40 per share. The sale reduced his direct common stock holdings by 21.97%, leaving him with 335,715 directly held shares. The SEC Form 4 filing indicated the transaction was for personal tax planning purposes, and Grant retains a meaningful equity position. The sale occurred as the stock was surging, reaching a multi-year high of $48.31 on July 2.
Motley Fool·52dRead more ▾
UTI▲
Concorde Career Colleges Names Mark Garland as Glendale Campus President
Concorde Career Colleges has named Mark Garland as Campus President of its new Glendale campus in Greater Phoenix. Garland brings more than 25 years of leadership experience in higher education, most recently serving as Campus President of the College of Health Care Professions in Dallas. The 53,000 square-foot facility, located at 8990 W. Glendale Ave., is scheduled to open in 2027 pending regulatory approvals and will serve more than 620 students annually with programs including nursing, dental assistant, and surgical technology. The Glendale campus is Concorde's first in Arizona and part of Universal Technical Institute's North Star strategy to address healthcare worker shortages.
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UTI▼
Universal Technical Institute Insider Sells $182,000 in Shares
Kevin Prehn, Concorde Division President at Universal Technical Institute, sold 4,545 shares for approximately $182,000 on June 22, 2026, according to an SEC filing. The transaction, executed at around $40.00 per share, represented 14.40% of Prehn's direct common stock holdings, reducing his direct ownership to 27,025 shares. The sale was executed entirely from direct holdings, with no indirect or derivative transactions involved. This marks Prehn's first open-market sale in the tracked period, leaving him with more than $1 million worth of Universal Technical Institute shares. The company recently reported fiscal second-quarter revenue of $221.4 million, up 6.7% year over year, while net income fell to $0.4 million amid strategic growth investments.
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UTI▲
Universal Technical Institute Expands HVACR Program to Lisle Campus
Universal Technical Institute announced the expansion of its HVACR program to its Lisle, Illinois campus. The nine-month diploma program is now offered at UTI campuses in eight states, with the Atlanta campus set to add it when it opens in summer 2026. The hands-on training prepares students for entry-level roles in residential and commercial heating, air conditioning, and refrigeration. UTI Division President Tracy Lorenz said the expansion addresses ongoing technician shortages and supports the company's North Star Strategy to tackle America's labor gaps.
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Aging Population▲
Concorde Career Colleges Launches 12 Additional Healthcare Programs
Concorde Career Colleges has launched 12 additional healthcare training programs across campuses in California, Florida, Missouri and Texas. The new offerings span five specialties: dental assistant, diagnostic medical sonography, pharmacy technician, radiologic technology and surgical technology. The expansion is part of parent company Universal Technical Institute's multi-year North Star strategy, which aims to launch 10 to 20 new programs annually at existing campuses through 2029. More than half of the spring launches are in radiologic technology and sonography, fields where the U.S. Bureau of Labor Statistics projects national employment growth of 5% and 13% respectively from 2024 to 2034. In the four states where the programs are being offered, projected growth for radiologic technologists ranges from 8% to 19% through 2032, while diagnostic medical sonography employment in California is expected to rise by 24%.
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UTI▲
Wasatch Micro Cap Fund Says Universal Technical Institute Benefited From AI-Driven Demand for Skilled Trades Training
Wasatch Global Investors highlighted Universal Technical Institute as a leading positive contributor in its Micro Cap Fund during the first quarter of 2026, citing rising demand for skilled trades training tied to artificial intelligence and data-center construction. The fund noted that for-profit education companies like Universal Technical Institute and Lincoln Educational Services are seen as AI beneficiaries because their programs prepare students for careers less threatened by automation than many white-collar roles. Universal Technical Institute shares gained 21.10% over the past 52 weeks and closed at $40.35 on June 18, 2026, with a market capitalization of $2.22 billion. The Wasatch Micro-Cap Fund fell 3.11% in the quarter, outperforming the Russell Microcap Growth benchmark's 4.25% decline, as industrials, consumer discretionary, and financials contributed positively while information technology detracted.
Insider Monkey·65dRead more ▾